Apple's love is crazy to send out OLED screen news from LCD, the panel industry has set off another wave of arms race. South Korean panel maker LG Display (LGD) announced its new OLED investment plan on Friday, which is expected to save 450 billion won, or equivalent to 400 million US dollars to strengthen panel production capacity.
Reuters reported that LGD spokeswoman pointed out that 310 billion won will be used to build OLED display factories in South Korea, and the remaining 140 billion won will be used to build OLED panel production lines.
The arms race is often bottomless, and the contestants are eager to win, no matter how much they spend. LGD announced in July last year that it will spend 1.05 trillion won to build a four-generation OLED panel factory. The investment plan announced on Friday is a new budget, which should be for the Apple OLED panel order, and when the plan is announced. LGD has already held the determination to win.
According to ETnews.com's report on Wednesday, LGD is discussing production technology with Apple. It is expected to sign the supply of the next-generation iPhone panel in the second half of this year. The new investment case just makes LGD show its strength in front of Apple. At the same time, LGD is also moving towards automotive panels, and the level of enthusiasm may be better than grabbing Apple orders.
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